ANALYST: The Market Reaction To Cyprus Has Been 'Fantastic' Thanks To 'Massive Manipulation'http://www.businessinsider.com/fantastic-market-response-to-cyprus-2013-3/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 19:35:43 -0400Matthew Boeslerhttp://www.businessinsider.com/c/514dfe34ecad042977000008XRayDSat, 23 Mar 2013 15:10:44 -0400http://www.businessinsider.com/c/514dfe34ecad042977000008
Sure. Cyprus is "contained" Bearded Ben! Just as housing was, right?http://www.businessinsider.com/c/514cc6f1eab8ea3e05000011Printus MaximusFri, 22 Mar 2013 17:02:41 -0400http://www.businessinsider.com/c/514cc6f1eab8ea3e05000011
Good old Benny & the Inkjets.
I wonder if this quote will become more famous than:
"At this juncture . . . the impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained," Bernanke said in prepared testimony to Congress' Joint Economic Committee.http://www.businessinsider.com/c/514cc50169bedd1211000014Printus MaximusFri, 22 Mar 2013 16:54:25 -0400http://www.businessinsider.com/c/514cc50169bedd1211000014
Yeah, that's just crazing talk.
It's as if some anarchist/separatist killing a royal figure-head could ever result in a (world) war ...http://www.businessinsider.com/c/514c8e34eab8ea0204000001SodatoyFri, 22 Mar 2013 13:00:36 -0400http://www.businessinsider.com/c/514c8e34eab8ea0204000001
Intersting vectors of transcendatalist hysterics over thessalocratic rumblings from some sun-drenched nanoutopia may produce a blobbing-up of some significance in the Hadron collider that is effectively the epistomology of more esoteric dialectics of the Kardasianian sort!http://www.businessinsider.com/c/514c7c06ecad04212900001blonestar5Fri, 22 Mar 2013 11:43:02 -0400http://www.businessinsider.com/c/514c7c06ecad04212900001b
... of course they don;t share the same currency, which might make a slight difference. DHhttp://www.businessinsider.com/c/514c79b7eab8eada4e000006Matthew SanfordFri, 22 Mar 2013 11:33:11 -0400http://www.businessinsider.com/c/514c79b7eab8eada4e000006
Translation.... from Ben... "Don't worry guys.. I ran the printing press all night and will be buying stocks like crazy to further prop this ponzi scheme up"http://www.businessinsider.com/c/514c7485eab8ea3044000002London GuyFri, 22 Mar 2013 11:11:01 -0400http://www.businessinsider.com/c/514c7485eab8ea3044000002
Actually it's nothing to do with Cyprus and everything to do with the way people (German people in this case) are behaving. The bailout is small change to them but now they want to get tough and make a point. This reflects the wider, increasingly negative, fragmented social mood.http://www.businessinsider.com/c/514c71caeab8ea2e3e000005depressionFri, 22 Mar 2013 10:59:22 -0400http://www.businessinsider.com/c/514c71caeab8ea2e3e000005
yawn ....
yeah an economy that i've heard people claim is one fourth the size of Detroit is really gonna take down the world ...
mmm hmmhttp://www.businessinsider.com/c/514c711969beddc73600000fJust SayingFri, 22 Mar 2013 10:56:25 -0400http://www.businessinsider.com/c/514c711969beddc73600000f
Everyone seems to miss the point it has nothing to do with GDP it has to do with broke governments arriving at the bank to pull 10% of your funds out of your account to cover loses. It destroys the whole principle of what a Bank is " a SAFE place to store your wealth"http://www.businessinsider.com/c/514c6cf969bedd842e000011CaryFri, 22 Mar 2013 10:38:49 -0400http://www.businessinsider.com/c/514c6cf969bedd842e000011
Actually I do get it, but was trying to be humorous. The EU coming up with the idea of taxing deposits is the most mind-boggling bad idea I've heard of in years (although I'm sure someone will remind me of something even worse here at BI).http://www.businessinsider.com/c/514c6b74ecad04a00c000002you're just misunderstandingFri, 22 Mar 2013 10:32:20 -0400http://www.businessinsider.com/c/514c6b74ecad04a00c000002
Cyprus crisis causes bank runs and failed financial sector. It exits the euro, even though it was an unbreakable contract. The other eurozone depositors no longer trust the implicit guarantee and take their money out their accounts and will drain more than 30% of the deposits on the coming months, necessitating bailout rescues in Italy, Spain, greece, Portugal and maybe Ireland. That is the issue here. If you are in Spain and have a choice betwee 50K savings in a 0% account or 50K in safe deposit box or home safe, you know which is safer. THis all went down in Argentina, the contagion spread to Uruguay, Brazil and Paraguay - even though they weren't on the same currency. it is bad if they don't come up with a 100% bailout.http://www.businessinsider.com/c/514c67b369bedd3021000011CaryFri, 22 Mar 2013 10:16:19 -0400http://www.businessinsider.com/c/514c67b369bedd3021000011
Or perhaps it's because Cyprus ranks 95th in GDP right behind Cameroon and above Cote d'lvoire. Just saying...http://www.businessinsider.com/c/514c668369bedd311b000023newworldorderFri, 22 Mar 2013 10:11:15 -0400http://www.businessinsider.com/c/514c668369bedd311b000023
Administration.
If you want to define administration as manipulation, fine, but this is global administration as policy GRADUALLY converges over time and human hysteria is squeezed out of the picture.
Panic, fear, gut instincts, intuition and other irrational states are powerful drivers of human behavior so decision making and policy determinations occur through computation and squeezing the primates out of key positions.
As the CIA CTO said: Watson is the 8088 of learning machines.http://www.businessinsider.com/c/514c666a69bedd7c1b000019JensenAlphaMaleFri, 22 Mar 2013 10:10:50 -0400http://www.businessinsider.com/c/514c666a69bedd7c1b000019
Or better said, the media's attempt to drive a story they only themselves deem market-movement worthy, has ended up backfiring. The reason the markets aren't selling off, is because of the large "jump to conclusions" connection that somehow the EU is about to impose bank taxes on all deposits. If anything, the media's handling of this situation has worked in everyones favor. Now the EU knows it is a terrible idea, the markets didn't sell off, and thus regardless of whatever happens to the tiny Russian tax haven that is Cyprus, it in almost all likelyhood will have little effect to other depositers in Europe.http://www.businessinsider.com/c/514c634d69bedda015000011Opps !Fri, 22 Mar 2013 09:57:33 -0400http://www.businessinsider.com/c/514c634d69bedda015000011
Go after peoples bank accounts and the truth shall be spoken !http://www.businessinsider.com/c/514c62d16bb3f7fe6d000002Conspiracy NonsenseFri, 22 Mar 2013 09:55:29 -0400http://www.businessinsider.com/c/514c62d16bb3f7fe6d000002
Come now.... no one believes in conspiracies. Your tin foil hat must be on too tight and everyone knows conspiracies only took place long ago in the history books. Krugman told me that and he's always right.